We refer to the above subject matter.
In accordance with Section 9(1) of the Capital Markets and Services (Price Stabilization Mechanism) Regulations 2008 and as stated in the prospectus dated 19 September 2013 issued by WHB, Maybank Investment Bank Berhad (“Maybank IB”), being the stabilizing manager (“Stabilizing Manager”) in respect of the Initial Public Offering, hereby announces that:
(a) the Shares may be subject to stabilizing action;
(b) the maximum period during which the Stabilizing Manager may stabilize the price of the Shares shall be the earlier of (i) 30 days from the commencement of trading of the Shares on the Main Market of Bursa Securities; or (ii) the date when the Stabilizing Manager has bought, on the Main Market of Bursa Securities, an aggregate of 81,319,000 Shares representing up to approximately 10% of the total number of Shares offered under the Initial Public Offering;
(c) up to 81,319,000 Shares are the subject of an over-allotment option, solely for the purposes of covering over-allotments of the Shares in the Initial Public Offering; and
(d) the Stabilizing Manager may buy up to 81,319,000 Shares to undertake the stabilizing action.
A copy of Maybank IB’s letter for public release dated 2 October 2013 relating to the above is attached herewith.
This announcement is dated 2 October 2013.